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GLU Ex-Dividend Reminder - 12/10/14

Looking at the universe of stocks we cover at Dividend Channel, on 12/10/14, Gabelli Global Utility & Income Trust will trade ex-dividend, for its monthly dividend of $0.10, payable on 12/19/14. As a percentage of GLU's recent stock price of $19.75, this dividend works out to approximately 0.51%, so look for shares of Gabelli Global Utility & Income Trust to trade 0.51% lower — all else being equal — when GLU shares open for trading on 12/10/14.

Looking at the universe of stocks we cover at Dividend Channel, on 12/10/14, Gabelli Global Utility & Income Trust ( GLU) will trade ex-dividend, for its monthly dividend of $0.10, payable on 12/19/14. As a percentage of GLU's recent stock price of $19.75, this dividend works out to approximately 0.51%, so look for shares of Gabelli Global Utility & Income Trust to trade 0.51% lower — all else being equal — when GLU shares open for trading on 12/10/14.

Below is a dividend history chart for GLU, showing historical dividends prior to the most recent $0.10 declared by Gabelli Global Utility & Income Trust:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GLU is likely to continue, and whether the current estimated yield of 6.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GLU shares, versus its 200 day moving average:

Looking at the chart above, GLU's low point in its 52 week range is $17.38 per share, with $21.14 as the 52 week high point — that compares with a last trade of $19.75.

In Monday trading, Gabelli Global Utility & Income Trust shares are currently down about 0.6% on the day.